Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
22 petrochemical projects are under development in Mahshahr at an estimated cost of $1.3 billion.
Read More »NPC Encouraging Construction of New Companies to Expand Production
South Azadegan Oil Output Crosses 50.000 bpd Threshold
The field'.s output is planned to reach 110.000 bpd by July.
Read More »SOCAR Signs Deal for Building Bitumen Plant at Baku Refinery
The plant is expected to be commissioned in the second half of 2018.
Read More »IOOC Improves Contractual Transparency. Cuts Costs
Transparency in contracts with domestic companies operating in the oil and gas industry cut the cost of domestic petroleum projects by 20% in fiscal 2017-2018 compared to the previous year. an official at the Iranian Offshore Oil Company (IOOC) said. Openness and transparency in tenders for domestic projects in the …
Read More »New Oil Contracts Will Rouse Iran`s Job Market
Iran is pushing with plans to play a bigger role in the global energy mix.
Read More »Barkindo: OPEC. Non-OPEC Committed to Restore Market Stability
OPEC will review policy for the second half of this year at a May 25 meeting.
Read More »Most Oil Producers Want Extension of Output Cuts
Most countries want OPEC'.s decision to be extended
Read More »South Korea Oil Import from Iran Increase
Asia'.s fourth-largest economy brought in 12.68 million tons of crude oil in March this year.
Read More »Japan Sojitz in Talks for $1 Billion Petrochem Project in Iran
The deal is part of effort to raise installed petrochemical production capacity to 130 million tons annually by 2020.
Read More »Saudi Aramco Sees Oil Market Balance Despite US Boom
Aramco is planning what may be the world’s largest stock sale.
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